Apartment with balcony and loggia near park

In the third district of Vienna, a new, vibrant neighborhood is being created with the Village in the Third, which by 2027 will unite modern residential, office and commercial spaces as well as facilities for education and childcare. Here emerges a diverse space for living, working and daily provisions. The heart of the district is the generous Bert-Brecht Park – a green, approximately 2-hectare oasis that is available to residents as a central retreat and meeting space.

The modern form of the Immo-Investments

With PARK FLATS, a unique opportunity arises to secure a home in a highly sought-after new residential project – and under conditions that have not existed on the Vienna real estate market before. This unique offering provides a new category: “Affordable Living,” which is not only affordable but proves to be a true investment jewel.

PARK FLATS offers everything one could wish for in urban living by the park – and at attractive terms: If you decide on an apartment now, you benefit from a price reduction of 15% on the purchase price within the framework of the “affordable rent” obligation. This rule provides that the apartments are rented for the first ten years at an indexed, predetermined rent that adjusts to the consumer price index (CPI) – thus stable returns that also guarantee tenants affordable housing. After the period, you are free to re-rent at market conditions or to use it yourself.

The offering at a glance:

• intelligent, efficient floor plans for a variety of needs
• flexible apartment types from 1.5 to 4 rooms
• living spaces from 35 to 109 m²
• with purchase prices from EUR 180,000 plus 20% VAT
• apartments in the category "Affordable Living" are equipped with high-quality carpenter kitchens

Take advantage of this unique opportunity to secure one of the sought-after PARK FLATS apartments before they are sold out!

The PARK FLATS project

Under the name PARK FLATS, on construction site 5, a residential complex is being built that meets the claim of modern living at the park. The complex comprises 138 privately financed investment apartments, each with a private outdoor area, as well as an underground garage with 42 spaces. The U-shaped building on the Ljuba-Welitsch Promenade extends over four stairwells and a usable living area of about 8,970 square meters.

Inviting seating areas, pergola-covered spaces and a beautiful view into the park invite you to linger. PARK FLATS combines urban living and nature in an ideal way – a place to enjoy life in all its facets.

• 138 self-financed investment apartments (95 in the Affordable Living category)
• 42 underground parking spaces
• 2–4 room apartments
• Apartment sizes between 35 and 109 m²
• Spacious park area at your doorstep
• Playground for toddlers and youths
• Outdoor spaces such as private garden, terrace, loggia or balcony
• E-bike and carsharing offers in the neighborhood

Purchase prices of the investment apartments

from EUR 180,000 to EUR 907,000 net plus 20% VAT.

No commission for the buyer. Completion: Summer 2026

This offer concerns an investment apartment that is purchased for rental purposes. The stated purchase price is therefore net of 20% VAT. These data are subject to possible changes.

Secure your new 4-bedroom dream apartment now and save real money:

When purchasing a 4-bedroom apartment (ONLY AFFORDABLE LIVING) by July 31, 2026, you will receive a discount of EUR 10,000, which you can use for your new furniture.

*Promotion valid for legally binding purchase agreements until July 31, 2026. The discount will be accounted for in the purchase process by a corresponding reduction of the purchase price

We would like to point out that there is a familial or economic close relationship between the broker and the third party to be mediated.

The broker acts as a dual agent.

Infrastructure / Distances

Health

• Doctor <175m
• Pharmacy <550m
• Clinic <600m
• Hospital <950m

Kinder & Schools

• School <450m
• Kindergarten <425m
• University <400m
• Upper secondary school <575m

Daily needs

• Supermarket <225m
• Bakery <625m
• Shopping center <275m

Other

• ATM <250m
• Bank <250m
• Post office <250m
• Police <1.050m

Transportation

• Bus <150m
• Subway <1.100m
• Tram <150m
• Train station <225m
• Highway access <750m

Distance as the crow flies / Source: OpenStreetMap